The Water Loo
ActiveThe computed 12-month bankruptcy probability of The Water Loo is 2.9% (moderate). The 2025 annual accounts show equity of €20k and a net result of €2k. Equity is shrinking by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 2024 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+40
Solvency68▲+12
Growth32=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.82 in 2024; short-term debt: 38.3% and cash: 0.5% of total assets), and 57.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.9%
Return on assets
4.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
22232425
2022 to 2025 · latest year €2k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
52 d late
2024
19 d late
2023
184 d late
2022
32 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▲ 10.9%
2024 · €18k
2022: €31k
2023: €25k
2024: €18k
2022 → 2025
Total assets
€46k▼ 19.8%
2024 · €57k
2022: €99k
2023: €95k
2024: €57k
2022 → 2025
Net result
€2k
2024 · €-7k
2022: €21k
2023: €-6k
2024: €-7k
2022 → 2025
Working capital
€207
2024 · €-3k
2022: €13k
2023: €2k
2024: €-3k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€31k-€25k▼ 19.9%€18k▼ 29.3%€20k▲ 10.9%
Operating result€25k-€-5k€-7k▼ 48.0%€3k
Net result€21k-€-6k€-7k▼ 18.1%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46k
Fixed assets
€28k▼ 33.5%
Current assets
€18k▲ 18.9%
Equity and liabilities €46k
Equity
€20k▲ 10.9%
Debt
€26k▼ 33.6%
The debt ratio falls from 69.0% to 57.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2024 · €7k
Cash flow
€16k▲
2024 · €7k
Solvency
42.9%▲
2024 · 31.0%
Current ratio
1.01▲
2024 · 0.82
Quick ratio
1.01▲
2024 · 0.82
Debt / equity
1.33▼
2024 · 2.23
ROE
9.8%▲
2024 · -41.5%
ROA
4.2%▲
2024 · -12.9%
Interest coverage
13.05▲
2024 · 3.82
Debt
€26k▼
2024 · €39k
Debt ≤ 1 year
€18k▼
2024 · €18k
Debt > 1 year
€9k▼
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€57k€46k▼
Fixed assets21/28€42k€28k▼
Tangible fixed assets22/27€36k€21k▼
Plant, machinery and equipment23€1k€671▼
Furniture and vehicles24€35k€21k▼
Financial fixed assets28€7k€7k=
Current assets29/58€15k€18k▲
Amounts receivable within one year40/41€12k€17k▲
Trade receivables40€9k€13k▲
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€2k€235▼
Deferred charges and accrued income490/1€85€141▲
Equity and liabilities
Total equity and liabilities10/49€57k€46k▼
Equity10/15€18k€20k▲
Contributions10/11€10k€10k=
Reserves13€8k€10k▲
Distributable reserves133€8k€10k▲
Amounts payable17/49€39k€26k▼
Amounts payable after more than one year17€21k€9k▼
Financial debts170/4€21k€9k▼
Amounts payable within one year42/48€18k€18k▼
Current portion of amounts payable after more than one year42€12k€13k▲
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Other amounts payable47/48€175-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€9k€20k▲
Operating profit (loss)9901€-7k€3k▲
Financial income75/76B€1k€3▼
Recurring financial income75€1k€3▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-7k€2k▲
Profit (loss) for the period9904€-7k€2k▲
Profit (loss) for the period to be appropriated9905€-7k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€2k▲
Profit (loss) brought forward from the previous period14P€-6k-
Transfer from equity791/2€14k-
Transfer to equity691/2-€2k
To other reserves6921-€2k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 52 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 184 days late
2024
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zoersel · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Voetbalstraat 12980 ZoerselGround area
765 m²
Building footprint
206 m²
Volume, LiDAR
666 m³
Parcel 11055A0448/00Y010, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
The Water Loo
since 20222.335.187.995
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11055A0448/00Y010 | Flanders | 765 m² | 1 · 206 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BLEST
BE 0735.495.273
Zottegem · Eq €18k
Rotrex
BE 0689.951.496
Antwerpen · Eq €18k
LED IN BE
BE 0838.540.947
Nivelles · Eq €18k
CARCA
BE 0453.872.896
Sint-Niklaas · Eq €17k
DERMASKIN
BE 0738.605.114
Chaudfontaine · Eq €17k
Of 1,188 companies in sector 77399 we hold annual accounts for 710. 278 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-07-2022
Fiscal year end31-12
Activities, NACEBEL
77399Renting and leasing of other machinery, equipment and tangible goods
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.